Retail news from Asiafruit – Page 42
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Fabindia eyes organic sector
Retailer sees potential to develop organic sales in India as concern for food safety rises
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Tesco Lotus unveils new DC plan
Second regional distribution hub to be built in Surat Thani, servicing around 200 stores
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Spar opens stores in Indonesia
Dutch retailer Spar has invested US$1.13m in three new supermarkets in Jakarta
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CP All to expand, refinance debt
Thai retailer CP All has announced plans to refinance existing debt and target a 10 per cent revenue growth this year
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Japan develops taste for functional veggies
Demand for vegetables with enhanced nutritional attributes is growing in Japan, pushed by both consumers and growers
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Malaysia celebrates kinnow festival
The Pakistani Kinnow Mandarin Festival has been launched in Malaysia ahead of Chinese New Year
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Cherries on top for Chinese New Year
Australian and New Zealand cherries have reaped high prices in Shanghai ahead of the Lunar New Year
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Walmart to expand in Andhra Pradesh
Walmart India has announced plans to open 15 cash and carry stores over five years
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Metro Group net debt at 10-year low
Metro Group has posted a slight increase in performance, with its net debt reaching a ten-year low
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CP Group mulls another Tesco Lotus bid
Thai firm supposedly lining up another offer for retail giant, as Tesco looks to offload international shares
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China Fruits expands retail stores
Retailer and tangerine export China Fruits has expanded its footprint in China with more retail stores and a stronger online presence
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Dairy Farm expands in the Philippines
Hong Kong-based conglomerate Dairy Farm has increased its investment in the Philippine’s high-end supermarket Rustan’s
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Labelling offers fresh hope for Japan
Proposed new labelling laws offer renewed hope for Japan’s ailing produce industry
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Japan's youth shy from fruit
Japan’s household fruit consumption and expenditure has hit a 15-year low
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Aeon invests US$12.3m in Thailand
Japanese retailer Aeon has announced it will increase its operations in Thailand to 500 supermarkets by 2020
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Emart increases online stores
South Korean retailer Emart has announced plans to open six online logistics centres by 2020
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Carrefour eyes Chinese listing
French retailer’s chief executive refuses to rule out possibility of listing on stock exchange
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Giant builds Malaysian presence
GCH Retail subsidiary Giant will open four new hypermarkets in Malaysia in 2015
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Revenue rises for Japanese retailer
Aeon and Seven & I see welcome strong revenue growth but profit margins take a hit
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Costco celebrates Chinese entry
Retail giant surpasses US$6m in sales over first month, prompting a rethink of product range